Rwanda
Singapore and Rwanda share modest but growing bilateral economic ties. The Rwanda-Singapore Bilateral Investment Treaty and Implementation Agreement in Article 6 carbon credits collaboration provide frameworks for strengthening bilateral economic cooperation.
Last updated on 12 November 2026
Singapore-Rwanda Economic Relations
Then-Minister of State for Energy, Trade and Industry and National Development Alvin Tan and Rwandan Minister of Trade and Industry Prudence Sebahizi at the sidelines of the Future of Investment and Trade Partnership in November 2025.
Singapore and Rwanda established diplomatic ties in 1975. Rwanda is an important economic partner for Singapore in Africa, recognised for its economic transformation and business-friendly environment.
Singapore and Rwanda have also developed meaningful knowledge-sharing and capacity-building exchanges, underpinned by a shared philosophy of pragmatic governance and long-term economic planning. Both countries are members of key multilateral forums including the United Nations (UN) and the Commonwealth, and continue to work together on issues of shared interest in these platforms.
Bilateral Agreements involving Rwanda
Rwanda-Singapore Bilateral Investment Treaty (BIT)
The Rwanda-Singapore Bilateral Investment Treaty entered into force on 16 October 2020. It aims to promote cross-border investments between Singapore and Rwanda by offering legal protections and certainty, as well as dispute resolution mechanisms.
Rwanda-Singapore Implementation Agreement (IA) on Carbon Credits
The IA between Singapore and Rwanda was signed on 6 May 2025. It establishes a framework for the generation and transfer of carbon credits from carbon mitigation projects aligned with Article 6 of the Paris Agreement.
International Platforms involving Rwanda
Future of Investment and Trade Partnership (FIT-P)
The FIT Partnership is a grouping of 20 small and medium-sized, trade-dependent countries located across different regions and geographies that seeks to advocate for open, predictable, rules-based and fair trade, enhance investment flows, and facilitate collaborative solutions which are vital to their prosperity and growth.